SolidusMax @SolidusMax
@SolidusMax Joined February 2011-
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“This is the worst place we’ve been in 20 years,” or probably “longer than that,” for communal capacity to combat a widespread downturn: Harvard economist Carmen Reinhart. Global debt has surged by one third in the past 6 years, to $348 trillion. bloomberg.com/news/features/…
China increased its gold reserves by adding 160,000 ounces of bullion in March, marking its largest monthly purchase in more than a year as prices declined. caixinglobal.com/2026-04-08/chi…
@JohnPasalis CMHC abandoned its mandate long ago when it got involved in mortgage securitization. It now serves investors and financial institutions, not homeowners.
43% of surveyed central bankers said they expect their gold reserves to grow over the next 12 months. Find out more in this article. spr.ly/60184eFxg
The classic skyscraper analysis shows Toronto as number one in the world for the most skyscrapers under construction and proposed — yet over 50% of GTA agents haven’t sold a property so far this year.
There is no housing shortage in Canada, nor has there ever truly been one. The core issue is mispriced rates from public mortgage insurance, government guarantees and sovereign-backed investment vehicles now being monetized. Private funding is almost nonexistent.
Canadians need to take a long look at this chart. #windowguidance #realestate #bananacurrency
Japanese private sector deleveraging and asset price deflation are done. One of the biggest bubbles in history.
Gold loans through pawnshops are booming in Russia
While the dollar continues to struggle to bounce in a meaningful and sustained way, gold has repeatedly shrugged off profit-taking phases—now trading back above $3,400 per ounce. For the reasons I have outlined previously, both reflect what may well be a structural and secular shift in the global economy. #economy #markets #gold #dollar @CNBC
The most crowded trade going into 2024? (From the December BofA Global Fund Manager survey of 300 managers with over $600B in AUM. Released earlier this week.)
Longer-term US inflation expectations have fallen dramatically over the past two months, to close to the Fed's 2% target.
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